Comments on: Could the political party that gives a damn about freelancers and their contribution to the economy please stand up?

By: Tina

Tina — Fri, 13 May 2022 11:04:40 +0000

Dawn, yes. Remember the postal bombardment she received from contractors who moved abroad, as a result of ‘her’ IR35? The underlying problem is that no political party takes responsibility for anything, and its very tricky to track the exact course of this legislation. Too easy to slope shoulders and blame someone else, and the policy narrative is so convulted, dips into and out of the Lords, back around and through again, rehashed, revised, etc. Party change, structure change, wording change, re-release. On and on. Actually – its both Labout as the trigger and Conservatives as the consolidators. There are also suggestions that Infosys & Mr Sunak have a hand in some additional ammendments being brewed for insertion post the next election.

By: S. Lloyd-Packer

S. Lloyd-Packer — Wed, 11 May 2022 11:43:37 +0000

I thought it was Dawn Primerolo of the Labour Party that first introduced IR35 ? Not the Conservatives as Dave Chaplin says.

By: Mark SB

Mark SB — Wed, 11 May 2022 09:19:54 +0000

I was impacted by IR35 – But it galvanised me into putting evey spare penny into my Pension over 3 years and retiring earlier!! Many contractors squirrel away the money for the next period of no-contract when the savings are needed (which the HMRC also fail to recognise); I was no exception. But I decided, enough was enough and I paid the max pension amount allowed of £40,000 per annum (before being taxed for your pension contributions) into a sacrifical pension scheme. And that is approx £1 less you pay in Tax / NI for every £1 saved in Pension. But do it quick, because the HMRC are threatening to stop that opportunity as well!! The next method threatened is to reduce the pesnion allowances AND tax your pension contributions AND then tax you when you retire as well!!